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BlackBerry Jumps Again Amid Applause for its New Priv Smartphone - Telecom Roundup


NEW YORK (TheStreet) -- Shares of BlackBerry (BBRY - Get Report) jumped by another 5.5% Wednesday, closing at $7.16. They rose by 4.2% on Monday and by 2.7% on Tuesday amid positive previews of the company's first smartphone to run Alphabet's (GOOGL - Get Report) (GOOG - Get Report) Android software rather than its own.

The company also rolled out improvements to its BlackBerry Messenger service, or BBM.

Still, BlackBerry shares remain down sharply so far this year. The company's stock closed at $10.98 on Dec. 31, 2014. Its most recent high was $12.60 this past Jan. 14.

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